OMVS to Focus on Niche Markets, Customer Service to Succeed in Multi-Billion-Dollar Online Travel Se
OMVS to Focus on Niche Markets, Customer Service to Succeed in Multi-Billion-Dollar Online Travel Sector
TAMPA, Fla.--(BUSINESS WIRE)-- It's no secret that the online travel industry is booming worldwide, growing to an incredible market value of $300 billion in recent years by making it easier than ever before to book a trip.
On the Move Systems, Inc. (OTCBB: OMVS) believes there's still much more growth in store for the industry. That's why the company plans to focus on providing stellar customer service and niche travel markets to succeed in a sector currently dominated by giants like Orbitz, Priceline and Expedia.
"The major travel websites are very large and well-known, but they're also unwieldy and one-size-fits-all," says OMVS CEO Patrick Brown. "By offering preferential service to specific kinds of travelers, we expect to build a niche community of loyal customers."
As an example of how businesses can thrive in the travel industry by focusing on customer service and niche markets, Brown points to small airlines such as Allegiant Air. They've thrived in recent years, even as major carriers have struggled, by offering a superior travel experience to business travelers or day-trippers unmatched by the big boys.
"We believe we can succeed by applying a similar business model to the world of online travel booking," Brown said.
With the online travel segment representing nearly a third of the trillion-dollar global travel market, OMVS views the segment as an exciting path forward to growth and profitability for our company."
OMVS plans to market and develop new solutions that will allow the company to compete in the online travel market alongside Priceline.com (NAS: PCLN) , TripAdvisor.com (NAS: TRIP) and Expedia.com (NAS: EXPE) .
For more information on On the Move Systems' bold new direction, please visit www.onthemovesystems.com/investors.html.
About On the Move Systems, Inc.
On the Move Systems, Inc. (OTCBB: OMVS) is focused on the development of cutting-edge technology across a broad spectrum of industries. The company is currently exploring new online tools to reduce costs and increase convenience in the tourism and travel industry. For more information, please visit our website at www.onthemovesystems.com.
Follow OMVS on Twitter: www.twitter.com/OMVSinfo
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
On the Move Systems, Inc.
Patrick Brown, 813-367-3511
President and CEO
KEYWORDS: United States North America Texas
The article OMVS to Focus on Niche Markets, Customer Service to Succeed in Multi-Billion-Dollar Online Travel Sector originally appeared on Fool.com.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.